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In What other ways did absolute rulers use the vast wealth they accumulated?
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Who was involved in mercantilism?
Mercantilism is an economic theory of amassing wealth through trade with other countries. It dominated Europe from the 16th to the 18th century. England accumulated massive wealth by passing the Navigation Acts.
Why were rulers such as Ferdinand and Isabella of Spain willing to sponsor voyages of exploration?
They had heard of valuable spices and other wealth that others had found.
What is accumulated oci?
accumulated other comprehensive income
Pre colonial diplomacy as practiced in Africa?
For Muslim rulers in pre-colonial Africa, the hajj (pilgrimage to Mecca) was a way of establishing relationships with other rulers. Mansa Musa's pilgrimage made his kingdom famous for its wealth in gold.
What factor might weaken the power of an absolute monarch?
If leader makes bad decision, his/her power is severely weakened. if a group of people talk out against the ruler, that weakens their power. if surrounding countries have a government other than absolute power, the rulers absolute power is weakened.
What is driving world food prices upward?
On the one hand, it is the price of fuel. On the other hand, it is greed. Economics is based on the Satanic virtue of accumulated wealth, which requires a commensurate but by no means equal accumulation of poverty.
Why would rulers feel ambivalent about the enlightenment?
Rulers would feel ambivalent about the Enlightenment because it promoted ideas of freedom, individual rights, and limited government, which could challenge their absolute power and authority. On the other hand, the Enlightenment also produced ideas that could benefit rulers, such as promoting reason, education, and efficiency in government.
European countries began exploring other lands because the rulers wanted?
Wanted more wealth (and yes this is the right answer i hope bc i read it in my book tho) so yes its right!
How are accumulated depreciation and depreciation related?
Accumulated depreciation and depreciation are related with each other as depreciation is annual expense while accumulated depreciation is the sum of all annual depreciation expenses.
How are accumulated depreciation and depreciation expensese related?
Accumulated depreciation and depreciation are related with each other as depreciation is annual expense while accumulated depreciation is the sum of all annual depreciation expenses.
What is the best description of aristocracy.?
It refers to a class of people who are considered to be elite from other people due to noble blood, wealth or some other ability. It can also refer to a type of government where the rulers are considered to be aristocrats.
How is Accumulated other comprehensive loss presented?
in stockholders' equity
